Monthly Healthcare Review July 2017
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Monthly Healthcare Review July 2017 IPOs The following table includes the medical devices, biotechnology, pharmaceuticals, and healthcare IPO pricings, filings and withdrawals announced over the previous month. Last Last Financing Financing Company Name HQ Location Description Lead Manager Date Size (Millions) Promore Pharma Owner and operator of a bio-pharmaceutical company developing therapeutic peptides for (PROMO) 6-Jul-17 Solna, Sweden treating local wounds and infections. 8.74 Undisclosed Network 1 Financial Operator of a molecular diagnostics company offering a DNA-based testing platform that Securities, Network Co-Diagnostics specializes in the development of probes for real-time PCR to its customers. It also 1 Securities, (CODX) 12-Jul-17 Sandy, UT develops a design and analytics software for DNA test designing. 7.07 WallachBeth Capital The company is engaged in the extraction and purification of heparin glycosaminoglycan NKF Pharmaceuticals and develops a controlled, traceable, and detectable process for the production of crude (603707) 13-Jul-17 Nanjing, China heparin. 67.22 Undisclosed NextCell Pharma Huddinge, (NEXTCL) 13-Jul-17 Sweden Provider of medical products for autoimmune and inflammatory diseases and transplants. 2.88 Undisclosed Akcea Therapeutics Developer of RNA-targeted antisense therapeutic products created to transform the lives of BMO Capital (AKCA) 14-Jul-17 Cambridge, MA patients with serious cardiometabolic lipid disorders. 175.00 Markets Provider of nutritional supplements and medical devices for the restoration of the ability to PharmaNutra (PHN) 18-Jul-17 Pisa, Italy articulate and movement in osteoarticular affections. Undisclosed Undisclosed Developer of innovative nanoparticle-based treatments created to treat ocular diseases BofA Merrill Lynch, Kala Pharmaceuticals affecting both front and back of the eye, such as dry eye disease and post-surgical ocular J.P Morgan (KALA) 20-Jul-17 Waltham, MA inflammation and pain. 90.00 Securities JP Morgan Chase & Co, Itaú Unibanco Montevideo, Developer, manufacturer, and distributor of advanced medicines for gastroenterology, Holding, Grupo Grupo Biotoscana 21-Jul-17 Uruguay respiratory disease, and immunology. 407.24 BTG Pactual BMO Capital Sienna Markets, Cowen and Biopharmaceuticals Westlake Provider of medical dermatology and aesthetics treatment therapies for the treatment of Company, J.P (SNNA) 27-Jul-17 Village, CA inflammatory skin conditions. 65.00 Morgan Securities Source: Pitchbook Compiled by: Lea Keller and Morgan Reape 1 Monthly Healthcare Review July 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Company Name Financing HQ Location Round Description Financing Investor(s) Date Size (Millions) Developer of an online platform that matches patients' records with the world's largest knowledge-base of cancer trials and helps to Mendel.ai 1-Jul-17 San Francisco, CA Seed Round contact and enroll patients in clinical trials. Undisclosed SOSV Siegfried Holding Zofingen, (SFZN) 1-Jul-17 Switzerland PIPE Developer and manufacturer of pharmaceutical products. Undisclosed Norges Bank Lightspeed Venture Partners, LionBird, Developer of non-invasive electrical nerve stimulation medical devices Corundum Open Theranica 3-Jul-17 Netanya, Israel Early Stage VC created to treat migraines and other common illnesses. 6.00 Innovation Scottish Enterprise, TRI Cap, Strathtay Ventures, Braveheart Investment Selkirk, United Developer of nano-technology and gene therapy designed to treat Group, Brian Kennedy, Ryboquin 3-Jul-17 Kingdom Early Stage VC cancer. 2.02 Brian Souter Developer of optical diagnostic devices that offer artificially intelligent MobileODT 4-Jul-17 Tel Aviv, Israel Early Stage VC visual diagnostic tools to conduct visual inspections and detect cancer. 6.83 OrbiMed, Tristel Secondary Manufacturer of pharmaceutical products, including generic drugs, Transaction - hospital equipment, herbal medicines, food supplements, and other Mr. Marcelo Leite Teuto Pfizer 4-Jul-17 Anapolis, Brazil Private related products. Undisclosed Henriques Medicxi Ventures, JDRF T1D, McDonald's Ventures, Diasome Developer of novel and cell targeted therapies designed to treat Black Beret Life Pharmaceuticals 5-Jul-17 Cleveland, OH Later Stage VC diabetes and obesity. 30.00 Sciences Source: Pitchbook Compiled by: Lea Keller and Morgan Reape 2 Monthly Healthcare Review July 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Company Name Financing HQ Location Round Description Financing Investor(s) Date Size (Millions) Seventure Partners, Shinsei Corporate Developer of a genetically enhanced bacteria that fights tumors and Investment, Novartis proliferates in the hypoxic core of solid tumors where it secretes the Pharma, Mitsubishi UFJ enzyme cytosine deaminase, turning a systemically administered pro- Capital, Innovation drug into a cytotoxic agent, which hollows out the tumor from the Network Corporation Anaeropharma Science 5-Jul-17 Tokyo, Japan Later Stage VC inside. 13.20 of Japan Direct Allergy 5-Jul-17 Erie, PA Early Stage VC Provider of immunotherapy treatments for allergy sufferers. 0.20 Undisclosed Investors Developer of blood-based cancer molecular diagnostics for patient Exosome Diagnostics 5-Jul-17 Waltham, MA Later Stage VC stratification and disease monitoring. 30.29 Undisclosed Investors Accelerator/ Hemotune 5-Jul-17 Zürich, Switzerland Incubator Developer of a medical device designed to purify blood. 0.13 Venture Kick GenePath Dx 5-Jul-17 Pune, India Angel Operator of a next generation diagnostics company. Undisclosed Undisclosed Investors Secondary Manufacturer and developer of disposable insulin kits designed to Petach-Tikvah, Transaction - improve the current meal-time insulin therapy by providing controlled Insuline Medical (INSL) 5-Jul-17 Israel Private and consistent insulin injection site treatment and stabilization. 0.13 Mr. Kfir Zilberman PE Growth/ Jawbone Health Hub 6-Jul-17 San Francisco, CA Expansion Provider of health-related hardware and software services. Undisclosed BlackRock California Capital ProMetic Life Sciences Developer of therapeutics products for fibrosis, anemia, neutropenia, Equity, Peter J. (PLI) 6-Jul-17 Laval, Canada PIPE cancer, and autoimmune disease/inflammation. 29.63 Thomson Source: Pitchbook Compiled by: Lea Keller and Morgan Reape 3 Monthly Healthcare Review July 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Company Name Financing HQ Location Round Description Financing Investor(s) Date Size (Millions) Edmond de Rothschild Investment Partners, Advent Life Sciences, Cormorant Asset Management, Gilde Healthcare, CICA, Legend Capital, Alfred Mann Foundation, Axonics Modulation Developer of an implantable neuromodulation technology designed NeoMed Management, Technologies 6-Jul-17 Irvine, CA Later Stage VC for the treatment of urinary and fecal dysfunction. 35.00 Undisclosed Investors Developer of biosensors for cellular biology research and screening, Innovation Works, Sharp Edge Labs 6-Jul-17 Pittsburgh, PA Seed Round and drugs for protein trafficking disorders. 2.17 Undisclosed Investors Provider of contract research services and manufacturer of biological Qiming Venture products, including recombinant proteins, monoclonal antibodies, and Partners, Undisclosed Sino Biological 6-Jul-17 Beijing, China Early Stage VC genetic vaccines, for drug R&D. 29.40 Investors The Kraft Group, Developer of a radiofrequency spectroscopy platform designed to Canepa Healthcare, Dune Medical Devices 6-Jul-17 Paoli, PA Later Stage VC detect microscopic residual cancer. 13.80 ATON Partners Developer and provider of a disease diagnosis technology that can Aperiomics 6-Jul-17 Ashburn, VA Angel simultaneously test for all pathogens. 0.06 Undisclosed Investors Provider of a software that targets all underlying causes of Alzheimer's Muses Labs 6-Jul-17 Raleigh, NC Early Stage VC with a goal to return individuals to normal cognitive function. 2.06 Undisclosed Investors Developer of a bedside monitoring system that detects and depicts variations in pressure across a patient's body to aid in the prevention Wellsense 6-Jul-17 Nashville, TN Later Stage VC of pressure ulcers. 6.30 Undisclosed Investors Auckland, New Accelerator/ Provider of an online booking platform intended to facilitate online Vensa Health 6-Jul-17 Zealand Incubator appointment booking to available healthcare services. 0.02 Vodafone Xone Source: Pitchbook Compiled by: Lea Keller and Morgan Reape 4 Monthly Healthcare Review July 2017 Private Equity Placements and Venture Capital Rounds The following table includes institutionally placed private equity financings for private and public medical devices, biotechnology, pharmaceuticals, and healthcare companies announced over the previous month. Last Last Company Name Financing HQ Location Round Description Financing Investor(s) Date Size (Millions) Adams